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Taiwan’s government announced NT$88 billion ($2.7 billion) in aid on Friday to help local companies cope with the impact of new US tariffs.

This will include NT$70 billion for the manufacturing industry and NT$18 billion for the agricultural industry, Premier Cho Jung-tai said at a briefing. The funds will come from a special budget, which needs to be approved by parliament.

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Taiwan Offers $2.7 Billion Support to Firms Hit by Trump Tariffs - Bloomberg

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